On Ep. 4 of Stablecoin Stories, Simon Taylor, Head of Market Development @ Tempo and Ran Goldi, SVP Payments, Fireblocks are joined by Scott Shay, Founder @ N3XT to discuss the creation and impact of Signature Bank’s Signet, the role in the stablecoin ecosystem as a bank and more!

Timestamps:

00:00 Introduction
05:46 The creation and impact of Signature Bank’s Signet
09:41 Lessons learned from the March 2023 bank closures
12:30 Design choices behind the first US narrow bank
16:37 Role in the stablecoin ecosystem as a bank
20:01 Solving interoperability between multiple proprietary stablecoins
25:32 The difference between instant debit and instant settlement
34:51 N3XT's safety features and technological advantages

Tokenized is sponsored by Visa

A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto.

Tokenized is also presented by Fireblocks

With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com

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We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!

Music by Henry McLean

3X Bank Founder Building the Bank for Tokenized Finance

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